Business, News

Wellness Services Marketplace Gomalon Acquires Bookmyspa

Wellness services marketplace, Gomalon has acquired salon and spa booking portal Bookmyspa for an equity deal of about Rs 12 crore.

Founded by Anil Kumar, Gomalon launched its operations six months ago. Sanjay Ramakrishnan, a former head of marketing at Myntra, and Sudarsan Rao, founder of venture-advisory firm Iyara Ventures are directors and advisors at Gomalon. Commenting on the deal, Sriharsha BK, founder of Bookmyspa said, “We wanted to scale further and needed a strong board guiding us on it. With Gomalon, it all fell in place”.

With this acquisition, Gomalon now has over 2,000 vendors listed on its platform. The bookmyspa website, which gets about 40 appointments a day, will continue to exist and take bookings for the next six months.

KPMG Wellness Sector report projects that the size of India’s beauty and wellness market would nearly be around Rs 80,370 crore by 2017/18 from Rs 41,224 crore in 2012/13.

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